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31Mar

ING Groep Inching Towards Full Repayment To State

ING Groep NV (ADR) (NYSE:ING) is one step from fully repaying a 2008 bailout and set to meet the deadline of May 2015 agreed to with European Union regulators.

The biggest Dutch financial-services company will return 1.23 billion euros ($1.7 billion) to the government on March 31.
Total payment tops 12 billion euros
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Author

Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports

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